Business Loans Without Banks: 

14 Reasons You Might Not Go to a Bank for a Commercial Mortgage 

Reason # 1: Minimum commercial real estate loan for many banks is $250,000 or more.

At AEX Commercial Financing Group, our minimum commercial loan amount is $100,000.

Reason # 2: Most banks charge an up-front commitment fee.

At AEX Commercial Financing Group, we do not charge an up-front commitment fee for a commercial mortgage.

Reason # 3: Most banks will severely limit the amount of cash a business borrower can get when refinancing a commercial mortgage.

When a borrower is refinancing their business property with AEX Commercial Financing Group, they can get up to $1,000,000 in cash.

Reason # 4: Most banks are reducing their commercial real estate loan interest in properties such as bars/restaurants, auto service businesses, churches and funeral homes.

At AEX Commercial Financing Group, we are very interested in church financing and many other special purpose properties for a commercial mortgage.

Reason # 5: Most banks will require business plans for a commercial mortgage. The cost to provide this is usually several thousand dollars.

At AEX Commercial Financing Group, we do not require business plans as any part of our underwriting process for a commercial real estate loan.

Reason # 6: Most banks will require tax returns for a commercial mortgage.

At AEX Commercial Financing Group, we do not require tax returns or any income verification for a Stated Income commercial real estate loan. By the way, many banks not requesting tax returns will ask borrowers to sign IRS Form 4506 (which authorizes the lender to obtain tax returns directly from the IRS). AEX Commercial Financing does not request our borrowers to sign this form.

Reason # 7: Most banks will require cross collateralization of personal property for a commercial real estate loan.

AEX Commercial Financing Group does not require cross collateralization of personal property for a commercial mortgage.

Reason # 8: Most banks will require balloon payments or the loan will be subject to recall after periods as short as 3-5 years for a commercial mortgage.

With a commercial real estate loan via AEX Commercial Financing Group, all properties are eligible for long-term commercial loans without recall possibilities.

Reason # 9: Most banks will not permit seller seconds or secondary financing for a commercial real estate loan.

With AEX Commercial Financing Group, if the business borrower uses a seller second or other secondary financing for a commercial mortgage, the business borrower can obtain a loan with a CLTV up to 90% of the property value.

Reason # 10: Most banks require income verification or audits even after the commercial real estate loan closes.

At AEX Commercial Financing Group, we do not verify income either before or after a commercial loan closes with our Stated Income Business Loan Program.

Reason # 11: Most banks have strict guidelines for "sourcing" or "seasoning" of assets or ownership to qualify for a commercial mortgage.

At AEX Commercial Financing Group, we do not have any requirements or limitations involving sourcing/seasoning of funds or seasoning of ownership.

Reason # 12: Very few banks offer an assumable commercial real estate loan.

At AEX Commercial Financing Group, we have an Assumable Commercial Loan Program which includes loan amounts up to $1 million.

Reason # 13: With most banks, a typical commercial real estate loan will require 3 to 9 months to close.

At AEX Commercial Financing Group, most of our commercial mortgage loans close in 45 to 55 days.

Reason # 14: Very few banks use Stated Income (no tax returns, no income verification) for a commercial real estate loan.

At AEX Commercial Financing Group, we use the Stated Income Approach for all commercial mortgage loans in our Stated Income Business Loan Program (most commercial mortgages up to $2 million qualify for this program). This especially benefits self-employed borrowers who frequently have income that is erratic and difficult to document properly.

Contact Information

AEX Commercial Financing Group specializes in quick closings for difficult commercial real estate loans from $100,000 to $25 million and business cash advances up to $300,000 throughout the United States.

About AEX Commercial Financing Group

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